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Propane: How Low Can it Go?


Propane: How Low Can it Go?

Report summary

Snow is covering 50% of the US – freezing weather even reached Houston. A record corn crop promised elevated levels of crop drying demand for propane. But this week the EIA reported that propane stocks built by 0.1 MMBbls, which is significantly more bearish than the historic average draw for the second week of November of 0.7 MMBbl.

What's included?

This report includes 1 file(s)

  • Propane: How Low Can it Go? PDF - 259.13 KB 2 Pages, 0 Tables, 1 Figures

Description

This NGL Insight report highlights a key issue surrounding this topic, and discusses the implications for those involved.

For market participants, suppliers, and advisors who need to look at current industry trends, risks and issues around this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie provides detailed commercial and strategic insight into the North American NGL markets. Our data-rich analysis is driven from our integrated energy and petrochemicals research, which gives you a regional and national perspective on ethane, propane, butanes and pentanes.

From gas processing to exports, we help you to understand the future direction of the NGL markets and make key decisions.

  • Why is propane storage continuing to set records despite cooler than normal weather?
  • How will the propane market solve its current storage glut?
    • Propane Price Parities

In this report there is 1 table or chart, including:

  • Why is propane storage continuing to set records despite cooler than normal weather?
  • How will the propane market solve its current storage glut?
    • Propane: How Low Can it Go?: Image 1
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